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Property view

1414 Coastal Highway, 
Panacea, FL 32346

$170,000


2

Beds


2

Baths


1,768

Sq Ft


Townhouse

Sold

Bought with Bluewater Realty Group

850-386-6160

MLS#

384561

Source:

FL TBR

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About This Home

1414 Coastal Highway

Prime Investment Opportunity in the Heart of Panacea! This versatile .67-acre Enterprise-zoned property sits in a prime location right next to the Dollar Store in downtown Panacea, backing up to a serene green space and just a short walk to the water—ideal for fishing enthusiasts and vacationers alike. Currently operating as a successful Airbnb, the fully renovated duplex features two stylish studio-style units, each with its own bathroom and hotel-style kitchenette, generating $100/night per unit. Everything feels fresh and new with updates including new floors, fresh paint, new kitchens, new roofs, and more—offering immediate income potential. Also included is a 1930s single-family home that has been completely gutted, providing a blank canvas for your creative vision. The sellers are offering their own renovation plans to help inspire your design ideas. Whether you're looking to expand your vacation rental portfolio or build out a unique mixed-use space in a growing coastal community, this property offers endless potential.

Home Facts

Townhouse

2 Baths

2 Bedrooms

Built in 1930

Price Summary

242,500

$137 per Sq. Ft.

MLS #:

384561

Sold:

July 25, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,768 Sq. Ft.


Structure

Structure

Architectural Style:

Cottage, Ranch

Building Area:

1,768 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

29,185


Finances & Disclosures

Finances

Price:

$242,500

Price per Sq. Ft:

$137 per Sq. Ft.

1414 Coastal Highway
Source:FL TBR
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